Press Release

Three-day early bird walkabout tickets sold out

Singapore, 24 April 2009 - The S$168 three-day early bird walkabout tickets for the 2009 FORMULA 1 SINGTEL SINGAPORE GRAND PRIX are completely sold out just four days after being launched for general sale.

The remaining 50% of the inventory for this category will now be sold at the regular price of S$188.

Based on the current trend, we expect early bird single-day Walkabout tickets for both Saturday and Sunday to be sold out by the middle of next week, with early bird singleday Friday Walkabout tickets anticipated to be sold out by end of the week.

Sales for the Bay Grandstand are also very strong with only limited early bird inventory still available.

This high level of interest comes on the back of strong demand for the Esplanade Waterfront Grandstand, which reverted to regular pricing last week.

About the FORMULA 1™ SingTel Singapore Grand Prix

The inaugural FORMULA 1™ SingTel Singapore Grand Prix took place on 28 September 2008 on a street circuit of public roads around the Marina Bay area. The race was the first Formula One™ to be held at night, and the first Formula One™ street race in Asia. Over 100,000 spectators, a sell-out, capacity crowd, and more than 110 million television viewers worldwide watched the Singapore Grand Prix. The 2009 FORMULA 1™ SingTel Singapore Grand Prix will take place from 25-27 September 2009 at the Marina Bay Street Circuit in the heart of downtown Singapore.

About Singapore GP Pte Ltd

Singapore GP Pte Ltd is the race promoter for the FORMULA 1™ SingTel Singapore Grand Prix. It holds five-year renewable rights to stage the Singapore Grand Prix, beginning with the 2008 Season. The company is a partnership between Komoco Motors Pte Ltd and regional events company Lushington Entertainments, via its parent company Reef Enterprises.